Lendlord has joined forces with Property Tribes to provide landlords with a comprehensive portfolio management product.
Property Tribes will make Lendlord’s platform, which allows landlords to manage, track and optimise their portfolio, available to its community of property investors as part of the forum’s enhanced functionality.
The online platform provides landlords with the means of monitoring key metrics/KPIs, as well as tools to identify performance insights, capital raising options, and other smart financial intelligence.
Lendlord also has the facility to manage tenants, track expenses, calculate capital gains tax and other benefits.
Aviram Shahar, co-founder and CEO at Lendlord, commented: “We are very excited to have the opportunity to work together with Property Tribes, which has massive experience in the property world together with a large investor community.
“By making the Lendlord platform available to so many landlords, we will be able to further develop and enhance our technology proposition to deliver a unique portfolio management product that can really make a difference.”
Nick Tadd, director at Property Tribes, added: “I am delighted to be introducing Lendlord to the property community, both as a forum owner and also as a minor shareholder.
“With the eleven years’ knowledge I have of watching landlord pain and gain on Property Tribes, it’s become clear to me that if landlords adopt a digital approach and mindset, a significant amount of their issues, including financial ones, could be overcome, while creating time efficiencies and improving their portfolio’s bottom line.
“We came across Lendlord in late 2019 and immediately saw its potential to fit that much-needed role. Over the years, we’ve seen many of these types of apps, but Lendlord has the best user experience, by far. Quite simply, Lendlord will take the pain and hassle out of running your property business.
“Just as a Fitbit is used to track, optimise and manage health, Lendlord will do the same for property finances and portfolios - so ultimately it is managing landlords’ wealth.”